Markets Rise on AI Gains and Strong Earnings

1 min read
Source: Reuters
Markets Rise on AI Gains and Strong Earnings
Photo: Reuters
TL;DR

Global stock markets rose amid optimism over AI growth, strong US bank earnings, and positive US business surveys, despite ongoing US-China trade tensions and government shutdown concerns. Major chipmakers like TSMC and ASML highlighted the strengthening AI megatrend, while US market gains were supported by upbeat bank results and a surprising uptick in business sentiment. Gold prices hit new highs, and market sentiment remained cautious about trade disputes and government shutdown impacts.

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